:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/W43MA7GXE5CJHDMKZI3LQF2DUA.jpg?resize=1170&w=1170 "Space and Time Partners with Microsoft to Create Verifiable Data Standards")
...By Henry George for TDPel Media.
Blockchain-based company Space and Time has partnered with Microsoft to utilize the Azure blockchain for creating data standards.
According to Nate Holiday, the co-founder and CEO of Space and Time, this partnership with Microsoft is a logical step forward for the company, as Azure blockchain adds significant value to its operations.
In an interview with CoinDesk, Nate Holiday emphasized the importance of having verifiable data in a time when the complexity and transparency of data are more critical than ever.
To achieve this, Space and Time aims to build pillars of data standards, which the Azure blockchain will support.
By doing so, they hope to promote the use of reliable data and transparency in various industries, including finance, healthcare, and supply chain management.
Commentary:
Space and Time’s partnership with Microsoft is a strategic move towards establishing a trusted data ecosystem through blockchain technology.
By utilizing Azure blockchain, Space and Time aims to create data standards that will ensure transparency and verifiability.
As data complexities increase, it becomes increasingly challenging to create transparent and reliable data ecosystems.
Hence, the partnership with Microsoft is a step towards addressing this issue.
The partnership is particularly significant given Microsoft’s reputation as a leading technology company that has been investing in blockchain technology for years.
By partnering with such a reputable company, Space and Time is well-positioned to gain credibility in the market and attract more customers.
Additionally, this partnership may signal a broader shift towards increased adoption of blockchain technology in various industries.
